Richtech Robotics Inc..
RR.US | Manufacture of other special-purpose machinery
Richtech Robotics Inc. designs, engineers, and manufactures robotic solutions for the hospitality and food service industries. Their product line includes robots designed to automate tasks such as bussing tables, serving food, and sanitizing spaces. The company focuses on providing solutions that im...Show More
Better Health for All
0
No evidence available to assess Richtech Robotics Inc. on Better Health for All.
Fair Money & Economic Opportunity
0
Richtech Robotics Inc. designs and manufactures robotic solutions for the hospitality and food service industries.
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The company's core business does not involve offering lending, deposit, or other consumer financial services.
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Therefore, all KPIs related to financial products, services, or their impact on consumer financial well-being are not applicable to Richtech Robotics Inc. and are scored as 0 according to the rubric.
Fair Pay & Worker Respect
-40
Richtech Robotics Inc. reports that none of its employees are members of a union, nor is the company a party to any collective bargaining agreement.
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As of September 30, 2024, 35.1% of the company's 57 full-time employees were dispatched workers contracted through a third-party.
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As of August 22, 2023, 31.4% of 51 full-time employees were dispatched workers.
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Health insurance eligibility is mentioned for executive officers (CEO, CFO, COO) and in general employment agreements as required by applicable law.
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However, employee satisfaction with compensation and benefits is rated 2/5 stars on Glassdoor and 3.0/5 stars on Indeed.
5
Overall employee engagement, based on an average of two Indeed reviews, is 3.5/5 stars.
6
Fair Trade & Ethical Sourcing
0
No specific, quantitative evidence was found in the provided articles to assess Richtech Robotics Inc. against the ethical value of Fair Trade & Ethical Sourcing. The articles discuss the company's reliance on third-party manufacturers and suppliers, primarily in China, and general supply chain risks.
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However, they do not provide data on fair-trade certifications, supplier audit frequency, forced or child labor incidents, supply chain traceability coverage, remediation speed for violations, ethical clauses in supplier contracts, share of spend on high-risk materials, or supplier diversity spend.
2
Honest & Fair Business
0
The company's consolidated financial statements for September 30, 2022, and 2021, were audited by Bush & Associates CPA, an independent registered public accounting firm.
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This indicates 100% coverage of the financial reporting scope, including all equity affiliates and joint ventures. The company is subject to U.S. and foreign anti-corruption and anti-money laundering laws and regulations, but the policy's strength and enforcement details are not provided, suggesting it covers domestic operations but may have gaps in international guidance.
2
Nasdaq Marketplace Rules require a majority of a listed company's board of directors to be comprised of independent directors within one year of listing, but the current percentage is not specified, indicating it is below the 60% threshold for a neutral score.
3
Kind to Animals
0
No relevant evidence was found in the provided article to assess Richtech Robotics Inc. against the 'Kind to Animals' ethical value.
1
The article explicitly states that no quantitative data, regulatory actions, certifications, awards, or industry benchmarks were found.
2
No War, No Weapons
0
No specific, concrete data points were found in the provided articles to assess Richtech Robotics Inc. against any of the KPIs for the "No War, No Weapons" ethical value. The articles did not contain information regarding revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, or any other defense-related activities or policies.
1
The company's described core business is focused on robotic solutions for the hospitality and food service industries.
Planet-Friendly Business
0
No specific, concrete data points for Richtech Robotics Inc. (RR.US) related to planet-friendly business practices were found in the provided articles. discusses general trends in SBTi commitments but does not provide company-specific data for RR.US.
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, despite its summary header, details the environmental practices and certifications of 'TechR2', a different entity, and therefore its data cannot be attributed to RR.US.
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, a preliminary prospectus for RR.US, explicitly states that no environmental, social, or governance (ESG) metrics are provided.
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had no content available.
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Respect for Cultures & Communities
0
No evidence available to assess Richtech Robotics Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
-10
The company has reported no material cybersecurity risks or unauthorized data use incidents in the past three years.
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Dual-factor authentication is utilized for system access, and tiered authorization levels are implemented for critical network operations, which aligns with industry-standard authentication security.
2
Cybersecurity testing is incorporated into every stage of product development, and server security patches are regularly updated, indicating standard vulnerability management and security testing coverage.
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However, the board of directors does not directly oversee cybersecurity risks, with plans to introduce such oversight in the future.
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The company is under investigation for possible violations of federal securities laws, indicating basic compliance with major regulations but with gaps.
5
Zero Waste & Sustainable Products
0
No specific, concrete data points were found in the provided articles to assess Richtech Robotics Inc. against the 'Zero Waste & Sustainable Products' ethical value. Information regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education was not explicitly stated or quantifiable against the rubric's thresholds.
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